Search
1350 E Hellman St, Long Beach, CA 90813
Image 2 for 1350 E Hellman St, Long Beach, CA 90813
Image 3 for 1350 E Hellman St, Long Beach, CA 90813
View Photos

1350 E Hellman St Long Beach, CA 90813

$1,690,000 Sold Price as of 06/11/2021
  • 4 Beds
  • 9 Baths
  • 4,100 Sq.Ft.
Sold
$1,690,000 Sold Price as of 06/11/2021 Refinance Your Mortgage
Map preview of 1350 E Hellman St, Long Beach, CA 90813

Property Overview: 1350 E Hellman St Long Beach, CA has 4 bedrooms, 9 bathrooms, 4,100 living square feet and 8,097 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1350 E Hellman Street is a 9-unit apartment building in highly desirable N. Alamitos Beach. The property features a desirable mix of (4) one bedroom / one bathroom and (5) studio units. There are (5) garages with additional parking spaces. The asset is separately metered for gas and electric. Located in North Alamitos Beach in a historic district, the property has a 93 Walk Score, is walkable to amenities along 4th Street / Retro Row and in close proximity to East Village Arts District. Offered at a 5.11% cap rate on actuals, 1350 E. Hellman provides a new buyer an attractive in-place income with value to be added.

Listed by Robert Stepp | BRE #01456379 | Keller Williams - Santa Monica
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 107

Home details

Lot Sq. Ft
8,097
HOA Dues
$0/mo
Year built
1929
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21038585
City
Long Beach
County
Los Angeles
Time on Site
1177 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 2
  • # of Electric Meters: 6
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,392
  • Total Rent: $5,568
  • Pro Forma/Market Rent: $1,495
Unit Breakdown 2
  • # of Units: 5
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,242
  • Total Rent: $6,210
  • Pro Forma/Market Rent: $1,325
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.11%
  • Gross Rent Multiplier: 11.96
  • Gross Scheduled Income: $141,360
  • Net Operating Income: $86,368
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $47,924
  • Electric: $1,351
  • Gas/Fuel: $1,351
  • Licenses: $1,000
  • New Taxes: $21,639
  • Trash: $1,351
  • Gardener: $1,500
  • Insurance: $2,518
  • Maintenance: $6,300
  • Professional Management: $6,715
  • Water/Sewer: $1,351
  • Other Expenses: $2,250
  • Other Expense Description: Reserves

Property Details for 1350 E Hellman St

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 9
  • Parcel Number: 7266001002
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: E 7th St & Walnut Ave
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Long Beach Agent

Sale History for 1350 E Hellman St

Last sold for $1,690,000 on June 11th, 2021

  • June, 2021

  • Jun 14, 2021

    Date

    Sold

    CRMLS: PW21038585

    $1,690,000

    Price

  • Jun 11, 2021

    Date

    Pending

    CRMLS: PW21038585

    $1,690,000

    Price

  • Feb 24, 2021

    Date

    Active

    CRMLS: PW21038585

    $1,690,000

    Price

  • October, 2018

  • Oct 29, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2018

  • Jul 7, 2018

    Date

    Sold

    CRMLS: PW18120310

    $1,030,000

    Price

  • Jun 1, 2018

    Date

    Pending

    CRMLS: PW18120310

    $1,145,000

    Price

  • May 22, 2018

    Date

    Active

    CRMLS: PW18120310

    $1,145,000

    Price

  • Listing provided courtesy of CRMLS

    Long Beach is experiencing explosive growth - don't miss this opportunity to purchase units before prices soar! This is a fantastic buy on a nine unit building in a great rental neighborhood known for its high concentration of Craftsman bungalows, Spanish Colonial Revival and Victorian homes, set right on the edge of all the new development and exciting changes the city is undergoing. Just north of Alamitos beach, a few blocks from the famous Museum of Latin American Art and minutes from downtown, this area is poised to capitalize on the growth spurt....single family homes in the neighborhood are getting snapped up and remodeled as new owners move in and rents are going up up up! Boasting a great unit mix of three one bedroom units and six studios, this building offers great curb appeal, substantial upside in rents, laundry income and lots of off street parking (a must!) including five garages. Tenants enjoy a garden, courtyard and fruit trees. A true find!

Show More

Tax History for 1350 E Hellman St

Assessed Value (2020): $1,051,300
Year Land Value Improved Value Assessed Value
2020 $734,400 $316,900 $1,051,300

Home Value Compared to the Market

This property vs the competition

1350 E Hellman St sold on June 11, 2021 for 111.25% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $412.2 per/sqft which puts the price per square foot 34.78% lower than the current median sale per square foot for the city of Long Beach.

About 1350 E Hellman St

Detailed summary of property

1350 E Hellman St is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered 4 bedrooms, 9 bathrooms, roughly 4,100 living square feet, and sits on an approximately 8,097 square foot lot. 1350 E Hellman St was first listed on ArdentRealEstateGroup.com on February 24, 2021. The homeowner sold the property for $1,690,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 111.25% higher than the current median priced home. Local homes that are currently for sale include 1717 Temple Ave, 1717 Temple Ave and 522 E Rhea St. While the average home in Long Beach, CA is selling in 51 days, 1350 E Hellman St has a days on market of 107 days. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. For more information on this home for sale at 1350 E Hellman St Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1350 E Hellman St

Public county record property details
Beds
9
Baths
9
Year built
1929
Sq. Ft.
4,109
Lot Size
8,096
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
7266-001-002

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$570,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$584,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
34
Median Sale to List Price %
108.35%
Avg Days on Market
23
Loan Type
Conventional (80%), FHA (10%), VA (10%), Cash (0%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1350 E Hellman St

Nearby Homes for Sale

1120-1124 E Hellman St, Long Beach, CA 90813
$1,390,000
10 Beds
5 Baths
3000 Sq.Ft.
1120-1124 E Hellman St
Long Beach, CA 90813
468 Gaviota Ave, Long Beach, CA 90802
$1,950,000
4 Beds
12 Baths
5938 Sq.Ft.
468 Gaviota Ave
Long Beach, CA 90802
436 Gaviota Ave, Long Beach, CA 90802
$1,385,000
10 Beds
6 Baths
2856 Sq.Ft.
436 Gaviota Ave
Long Beach, CA 90802
1616 E 4th St, Long Beach, CA 90802
$1,900,000
6 Beds
6 Baths
5300 Sq.Ft.
1616 E 4th St
Long Beach, CA 90802
1000 E 10th St, Long Beach, CA 90813
$1,599,000
14 Beds
7 Baths
5340 Sq.Ft.
1000 E 10th St
Long Beach, CA 90813
1377 Warren Ave, Long Beach, CA 90813
$1,849,000
5 Beds
11 Baths
4944 Sq.Ft.
1377 Warren Ave
Long Beach, CA 90813
650 E 15th St, Long Beach, CA 90813
$1,950,000
12 Beds
4 Baths
4158 Sq.Ft.
650 E 15th St
Long Beach, CA 90813
2529 E 10th St, Long Beach, CA 90804
$1,564,000
11 Beds
4 Baths
3544 Sq.Ft.
2529 E 10th St
Long Beach, CA 90804
1050 Molino Ave, Long Beach, CA 90804
$1,799,000
9 Beds
6 Baths
4361 Sq.Ft.
1050 Molino Ave
Long Beach, CA 90804
2507 E 14th St, Long Beach, CA 90804
$1,850,000
10 Beds
10 Baths
6067 Sq.Ft.
2507 E 14th St
Long Beach, CA 90804
1825 Cherry Ave, Long Beach, CA 90806
$1,550,000
8 Beds
6 Baths
3986 Sq.Ft.
1825 Cherry Ave
Long Beach, CA 90806
219 E 10th St, Long Beach, CA 90813
$1,750,000
6 Beds
5 Baths
4836 Sq.Ft.
219 E 10th St
Long Beach, CA 90813

Recently Sold Homes Near 1350 E Hellman St

709 N Toledo, Long Beach, CA 90813
$488,000 Last Sold Price
3 Beds
2 Baths
886 Sq.Ft.
709 N Toledo
Long Beach, CA 90813
1431 E Hellman St, Long Beach, CA 90813
$975,000 Last Sold Price
7 Beds
5 Baths
3411 Sq.Ft.
1431 E Hellman St
Long Beach, CA 90813
742 Orange Ave, Long Beach, CA 90813
$590,000 Last Sold Price
4 Beds
2 Baths
1268 Sq.Ft.
742 Orange Ave
Long Beach, CA 90813
1242 E 7th St, Long Beach, CA 90813
$1,420,000 Last Sold Price
8 Beds
5 Baths
2875 Sq.Ft.
1242 E 7th St
Long Beach, CA 90813

Related Resources to 1350 E Hellman St

New Listings in 90813
Popular Zip Codes
Popular Cities
Other Long Beach Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Refi Quote